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Nov 30, 2012
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, not just tax rates, capital gains, dividends, et cetera. also about $50 billion in new spending next year. the white house down plays that by saying look, this is just stuff the president put out there previously in the american jobs. it's not so grand new stimulus plan but none the less speaker boehner is basically complaining that while there is a lot about the taxes, a lot about some new spending is he not seeing a lot of detail on spending cuts. take a listen. >> i'm disappointed. in where we are and disappointed in what's happened over the last couple of weeks. going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> now, the white house thinks republicans have overdone the outrage today. they say the real problem republicans have is they don't want to raise taxes on the rich. so basically we are still deadlocked tonight, shep. >> shepard: vice president biden did his part for the economy today. he went shopping? >> yeah a new cosco here
, not just tax rates, capital gains, dividends, et cetera. also about $50 billion in new spending next year. the white house down plays that by saying look, this is just stuff the president put out there previously in the american jobs. it's not so grand new stimulus plan but none the less speaker boehner is basically complaining that while there is a lot about the taxes, a lot about some new spending is he not seeing a lot of detail on spending cuts. take a listen. >> i'm disappointed....
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Dec 6, 2012
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he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. we can probably solve this. it's not that tough. but we need that conceptual break through that says we need to do a balanced plan. >> we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts reforms and it included additional revenue. and frankly, it was a balanced approach mr. president has been asking for. now we need a response from the white house. >> they have 27 days to prevent automatic tax hikes and spending cuts from kicking in on new year's day. ed henry live at the white house for us. ed, we are hearing the president and house speaker john boehner actually talked by phone not too long ago. >> that's right, harris. we confirmed that there was a phone call between the two leaders this afternoon. no m
he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. we can probably solve this. it's not that tough. but we need that conceptual break through that says we need to do a balanced plan. >> we made a good...
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Dec 1, 2012
12/12
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lump sum before taxes. he warned the hill family to be careful because folks they barely know will try to score a small chunk of those winnings. >> you don't know what tomorrow will bring. with some the people that come out of woodwork like you hear about. you know, those letters, you know, i still get them 8 years later. there is no book. there is no guide to tell these people what to do and how to do it. >> shepard: stephan white says life is wonderful now and he has just used some of his power ball winnings to make a donation to toys for tots. fox urgent now. two boys in florida plotting to set off a weapon of mass destruction here in the united states. this is new tonight. prosecutors say that weapon was some sort of explosive device. no word on a potential target. the fbi reports they arrested the brothers yesterday in fort lauderdale. the feds say the men are u.s. citizens. originally though from pakistan. they could get life in prison. there is a stalemate. let's not kid ourselves. that's the quote t
lump sum before taxes. he warned the hill family to be careful because folks they barely know will try to score a small chunk of those winnings. >> you don't know what tomorrow will bring. with some the people that come out of woodwork like you hear about. you know, those letters, you know, i still get them 8 years later. there is no book. there is no guide to tell these people what to do and how to do it. >> shepard: stephan white says life is wonderful now and he has just used...
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Nov 29, 2012
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he suggested that he wants to see taxes go up for the rich. middle class tax cuts get extended for the middle class and then we will back and deal with spending cuts next year. >> and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits it, to streamline our tax system. to do it in a balanced way. including asking the wealthiest americans to pay a little more. >> the problem with that strategy is that republic leaders are insisting that they don't want to take a framework for spending cuts down the road in exchange for tax changes now. they want it all done at the same time so that they can be sure that if taxes are going up on the rich, that in fact some of those spending cuts to bring down the debt will actually materialize. it might make it more likely to go of 00 cliff even though the president insisted today he thinks there will be a deal within weeks, shep. >> shepard: as for extending tax cuts for middle class americans it sounds like there is some agreement on that matter. >> it
he suggested that he wants to see taxes go up for the rich. middle class tax cuts get extended for the middle class and then we will back and deal with spending cuts next year. >> and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits it, to streamline our tax system. to do it in a balanced way. including asking the wealthiest americans to pay a little more. >> the problem with that strategy is that republic leaders are...
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Dec 5, 2012
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the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discu
the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at...